Bitcoin Cash 4 Hour Price Update
Updated April 08, 2020 05:35 AM GMT (01:35 AM EST)
Bitcoin Cash’s 3 four-hour candle negative has officially concluded, as the candle from the last 4 hour candle closed up 6.57% ($16.61). Bitcoin Cash outperformed all 5 assets in the Top Cryptos asset class since the last 4 hour candle.
Bitcoin Cash Daily Price Recap
Bitcoin Cash entered today at 252.65 in US dollars, down 2.2% ($5.68) from yesterday. The price move occurred on stronger volume; specifically, yesterday’s volume was up 29.3% from the day prior, and up 46.48% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 3rd since yesterday in terms of percentage price change. Below is a daily price chart of Bitcoin Cash.
Bitcoin Cash Technical Analysis
Volatility for Bitcoin Cash has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 30 days Bitcoin Cash’s price has gone up 17 them.
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